Ho Hup Construction Company has been awarded an $85m contract to design and build civil and electro-mechanical works for the Al-Zuhour Water Project in Baghdad, according to the Malaysian Insider.
The turnkey project, awarded by the Ministry of Municipalities and Public Works, will see a plant created with a capacity to produce 10,000 cubic meters per hour. The contract also includes supply and installation of equipment and pipe as well as operation and maintenance.
In a statement to the Malaysian stock exchange, the company said: “Construction of the project is planned to commence in September 2012 and is expected to be completed in 30 months, up to February 2015, with a further 12 months of maintenance period of the mechanical, electrical and transmission piping.”
Ho Hup will undertake the role as the main contractor and will appoint local Iraqi sub-contractors for the project execution and project financing.
“The company is of the opinion that the project and country risks associated with this project will be adequately mitigated by the appointment of established and reliable local Iraqi sub-contractors,” it added.
Construction Week Online